Colorado Billionaire To Add 'Hedgie' To Resume

Jan 26 2006 | 7:41pm ET

Thirty-year-old entrepreneur Jared Polis, who has been called one of the richest young Americans, is reportedly readying to launch his own hedge fund. According to an article in the Rocky Mountain News, Polis, along with Joel Citron, expect to launch the fund in the second quarter with $100-200 million in assets under management.

Polis’ office referred phone calls to Citron, who declined to comment on the new venture.

Colorado-native Polis recently sold online retailer Provide Commerce, formerly known as, to Liberty Media for $477 million. In 1999, he sold online greeting card publisher to Exite@Home for $780 million. 

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…